Market Size of North America Poultry Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.90 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Poultry Feed Market Analysis
The North America poultry feed market is projected to register a CAGR of 3.9% during the forecast period 2020-2025. The increasing demand for poultry meat products is the major factor that is driving the market. The increasing industrial livestock production and the increasing demand for organic feed are two other factors augmenting the growth of the market studied. As poultry requires 60% protein, 13% fat, and 3% calcium, the required nutrient content is met majorly by poultry by-products and fish meal. Approximately 50% of the live market weight of ruminants and 30% of poultry is the by-product. These by-products are rendered, ground, and available as a feed source for poultry. North America is another major region for the compound feed market. The United States is a well-established market with strong demand for organic meat, which has compelled farmers to use natural ingredients. However, in 2019, the market experienced a slight decline, especially due to the decreased supply of compound feed in all the sectors.
North America Poultry Feed Industry Segmentation
The North America Poultry Feed Market is segmented by animal type into the layer, broiler, turkey, and others, by ingredients into cereal, oilseed meal, oil, molasses, and other ingredients, by supplement into vitamins, amino acids, antibiotics, enzymes, anti-oxidants, acidifiers, probiotics and prebiotics, and other supplements in the countries like the United States, Mexico, and Canada.
| Type | |
| Layer | |
| Broiler | |
| Turkey | |
| Others |
| Ingredient | ||||||||||
| Cereal | ||||||||||
| Oilseed Meal | ||||||||||
| Molasses | ||||||||||
| Fish Oil and Fish Meal | ||||||||||
| ||||||||||
| Other Ingredients |
| Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Poultry Feed Market Size Summary
The North America poultry feed market is experiencing growth driven by the increasing demand for poultry meat products, which is a staple in the American diet. This demand is further bolstered by the rise in industrial livestock production and a growing preference for organic feed. The nutritional requirements of poultry, which include significant amounts of protein, fat, and calcium, are largely met through the use of poultry by-products and fish meal. The United States, a key player in this market, benefits from its status as the largest producer and second-largest exporter of poultry meat globally, supported by a strong domestic demand for organic meat. Despite a slight decline in 2019 due to reduced supply of compound feed, the market remains robust, with companies expanding production to meet the high demand for organic broiler chicken.
The market landscape in North America is characterized by a mix of large and small players, with a few major companies dominating while many regional participants hold smaller market shares. The recent ban on antibiotics as growth promoters is expected to create new opportunities in the poultry feed sector, prompting livestock producers to explore alternative methods to enhance poultry production. This regulatory change is likely to increase the demand for compound feed to improve poultry meat quality. The fragmented nature of the market sees leading companies like AllTech Inc., Cargill Inc., and ADM Animal Nutrition focusing on acquiring smaller feed mills and manufacturing facilities to expand their reach both domestically and internationally.
North America Poultry Feed Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porters Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Layer
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2.1.2 Broiler
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2.1.3 Turkey
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2.1.4 Others
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2.2 Ingredient
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2.2.1 Cereal
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2.2.2 Oilseed Meal
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2.2.3 Molasses
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2.2.4 Fish Oil and Fish Meal
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2.2.5 Supplements
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2.2.5.1 Vitamins
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2.2.5.2 Amino Acids
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2.2.5.3 Enzymes
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2.2.5.4 Antibiotics
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2.2.5.5 Antioxidants
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2.2.5.6 Acidifiers
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2.2.5.7 Prebiotics and Probiotics
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2.2.5.8 Other Supplements
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2.2.6 Other Ingredients
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2.3 Geography
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2.3.1 United States
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2.3.2 Canada
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2.3.3 Mexico
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2.3.4 Rest of North America
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North America Poultry Feed Market Size FAQs
What is the current North America Poultry Feed Market size?
The North America Poultry Feed Market is projected to register a CAGR of 3.9% during the forecast period (2024-2029)
Who are the key players in North America Poultry Feed Market?
AllTech Inc., Cargill inc., ADM Animal Nutrition, Nutreco NV and Land O’ Lakes Inc. are the major companies operating in the North America Poultry Feed Market.
